Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sets New 1-Year High – Time to Buy?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) shares reached a new 52-week high on Tuesday . The company traded as high as $115.27 and last traded at $115.27, with a volume of 34539 shares changing hands. The stock had previously closed at $111.91.

Vanguard FTSE Pacific ETF Price Performance

The business’s fifty day simple moving average is $104.69 and its two-hundred day simple moving average is $99.04. The company has a market cap of $8.82 billion, a PE ratio of 14.65 and a beta of 0.79.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its holdings in Vanguard FTSE Pacific ETF by 5.1% in the third quarter. HighTower Advisors LLC now owns 1,048,106 shares of the company’s stock valued at $92,066,000 after buying an additional 50,552 shares in the last quarter. Rathbones Group PLC increased its holdings in Vanguard FTSE Pacific ETF by 8.2% in the fourth quarter. Rathbones Group PLC now owns 187,534 shares of the company’s stock valued at $16,953,000 after buying an additional 14,199 shares in the last quarter. Sava Penzisko Drushtvo A.D. Skopje purchased a new stake in shares of Vanguard FTSE Pacific ETF during the third quarter worth about $15,480,000. Willis Johnson & Associates Inc. increased its stake in shares of Vanguard FTSE Pacific ETF by 1.7% during the third quarter. Willis Johnson & Associates Inc. now owns 610,483 shares of the company’s stock worth $53,625,000 after purchasing an additional 10,473 shares in the last quarter. Finally, Summit Financial Wealth Advisors LLC purchased a new stake in shares of Vanguard FTSE Pacific ETF during the fourth quarter worth about $445,000.

About Vanguard FTSE Pacific ETF

Vanguard FTSE Pacific ETF, formerly Vanguard MSCI Pacific ETF, is an exchange-traded share class of Vanguard Pacific Stock Index Fund. The Fund seeks to track the investment performance of the MSCI Pacific Index that consists of common stocks of companies located in Japan, Australia, Hong Kong, New Zealand and Singapore. The Fund employs a passive management or indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the MSCI Pacific Index (the Index).